There can be multiple reasons for an individual or business owner not filing their taxes on time, and the following information seeks to show what might happen if you miss the deadline, irrespective of why you may have done so. However, the penalties that can occur when individuals miss their tax deadline, vary depending upon […]
Archives for May 2018
Tax Deductions You Probably Don’t Know About
It can really pay to think outside of the box when it comes to totting up your tax deductions, and believe it or not, there are a few creative ways in which you can save yourself some money. That said, these potential deductions are not easy to qualify for, and you would be wise to […]
Deciphering The Tax Code
Filing your taxes as a small business owner can be a daunting experience, and it’s not always easy to know who, or where to turn to for help and guidance. Many believe that the information published by the IRS is the definitive source of guidance for tax filing, but this may not be the case. […]
Corporate Taxes Around The World
Research has uncovered the widening gap between the amount of taxes that are taken from businesses in different countries, and the tax burden placed on business profits can be up to 3 times more in some countries. This serves only to highlight the disparities between ‘low tax’ emerging economies, and most ‘high tax’ developed nations. […]